# Uranium - what a ballistic blast!

## uranium

The growing demand for new forms of energy to replace oil and coal have resulted in a price increase for uranium and a strong long-term outlook, according to Andrew Ferguson, co-manager of the Geiger Counter Fund, which invests in uranium. He explains that the metal's price began to move significantly several years ago.

"The uranium price has gone from $7 per lb and has peaked at$136 per lb in the last few years [but] it's gone back a bit now to \$85. I expect it will go back up as China, Japan,

#### 7 days in 60 seconds

###### CCPs, handling default, and cyber risk

The week on Risk.net, September 15–21, 2018